Value of 1885-CC Morgan Dollar Rare Silver Dollar Buyers

Many 1885 silver dollars are valuable in circulated and uncirculated condition due to the coin’s silver content. But, proof silver dollars and uncirculated 1885-CC silver dollars are the most valuable in the series because of their scarcity. Since the San Francisco mint struck a modest 1,497,000 Morgan silver dollars in 1885, you can expect high prices, particularly for well-preserved coins. While those in circulated condition typically cost under $200, rare coins in the mint state always reach significant sums. In addition to the regular strike of 1885 silver dollars, the Philadelphia mint produced proof coins specially struck for collectors. 228,000 Morgan silver dollars were minted in Carson City in 1885, making them valuable on the current coin market.

1. Though these coins have since been taken off the production lines, they remain extremely popular amongst collectors from both the US and abroad.
2. The 1885 Morgan silver dollar is valuable in the low grades, considering it is an old coin.
3. The coin has luster, but there may be a few stains, abrasions, or surface marks.

Since each proof coin is minted in a small quantity, it will have less variation than its base or circulation issues. Therefore, if you have a scarce proof coin, you can be sure that it is an exceptional specimen that has not been tampered with. The 1885 Morgan silver dollar is valuable in the low grades, considering it is an old coin. They typically cost $25 to $50, but top-notch pieces in the mint state can reach $200. While pieces in an MS 67 grade minted in other mints cost several thousand dollars, the price of those with the S mint mark is estimated at $45,000 to $54,000. If you’re shopping for your collection, you may notice a range of prices for seemingly the same coin.

In 2011, Goldenberg Auctioneers sold what is believed to be the most expensive 1885 proof silver dollar. This specimen was graded PF69 https://traderoom.info/ and was auctioned for an astonishing $92,000. While many are flat in the center, sharply struck examples exist (at a premium).

The Sherman Silver Purchase Act of 1890 increased the amount of silver the Treasury could buy, but a stock market crisis caused the Act to be repealed in 1893. The Mint stopped making the silver dollar in 1904 when the stockpile decreased. When it comes to well-preserved Seated Liberty Dollars you can expect to pay anywhere from a few hundred dollars to as much as $2,000.

Rare 1885 Silver Dollar Errors List

This act specified that the Treasury should buy 4,500,000 troy ounces of Silver each month. It only required Silver dollar production for another year, though dollar coins were still struck. Then in 1898, all bullion purchased while this act was in force was required to be coined into dollars. In its circulated condition, an 1885 no-mint mark dollar is worth between $33.50 and $63. These coins fetch more in their mint state, from $70 for a piece graded MS60 to $40,000 for gem-quality specimens graded MS69 and above.

Morgan Silver Dollars for Sale

In uncirculated condition the price is around $75 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 65 can sell for around $2,500. The 1923 D silver dollar is worth around $40 in very fine condition. In uncirculated condition the price is around $150 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 65 can sell for around $1,200. The 1885 S silver dollar is worth around $50 in very fine condition.

Silver Dollar Value Guides

The details, high points and fields will be smooth on low-grade circulated examples and slightly more visible as you go up the grading scale. Mint 1885 silver dollars may show signs of bag marks and other minor contact marks but the brilliant luster and detail will be intact throughout the coin. Covering Bust Dollars beginning in 1794 next Seated dollars through Morgan and the last of the Peace silver dollars. All include value charts, alongside grading images to find the accurate value of your old dollars.

Check value charts, identify mintmark locations and judge condition using grading images… all combine to accurately discover the value of your old coins. Morgan silver dollars, as a series, are highly popular with collectors today. These now very old silver dollars are large in size, striking in design, available and represent good value with many reasonably priced. The 1885 Morgan silver dollars have value as both numismatic coins and as silver bullion. Proof coins are often more valuable than regular issue coins because there is always some variation between them and their base or circulation issues. The main reason for this is that proof coins are meant to be perfect examples of their corresponding types.

How much silver is in a 1885 silver dollar?

Collectors who pursue the many VAM (Leroy C. Van Allen and A. George Mallis) varieties may find several die variations to pursue from 1885. Preserve your 1885 Morgan silver dollar value, by careful handling and storage. Because of their large size, silver dollars can receive and inflict nicks and scuffs. For your top condition and value coins, a range of appropriate holders are found at an area coin dealer. The cardboard and mylar “flips” the dealer uses in the display cases are suitable for many of your coins.

Grade Summary

The most pricey is the one in an MS 68 grade sold at Heritage Auctions in 2015 for $37,600. For instance, you can find those in an MS 60 grade for approximately $50 to $60. On the other hand, those with an MS 68 rating are precious and can cost over $20,000. The auction record won a coin sold at Legend Rare Coin Auctions in 2015 for an incredible $39,950. Relative Rarity By Series ranks the rarity of this coin with all other coins of this Series. Relative Rarity By Type ranks the rarity of this coin with all other coins of this Type.

Despite that, even pieces in good condition are valuable, and you should set aside about $30 for one. Coins in the mint state have different prices depending on the preservation level. Rare highly-preserved coins are expensive and collectible nowadays, and only serious collectors can afford some scarce pieces.

If you are attempting to determine a price for a coin that is more than 100 years old, you must look no further than the condition the coin is in and type of coin. The US Mint produced different types of Morgan Silver Dollar every year, so knowing the type of coin you own will help you when it comes to determining a price. Secondly, the condition the coin is in will play into the asking price. Below is a chart aimed at giving you a better idea of what you will be asked to pay for a Morgan Silver Dollar given the coin’s condition and type.

With so many available, take your time to cherry pick a nice one. This date is common through MS66, due to the millions that spent their entire existence in bank bags. Millions upon millions of 1885-O Morgan dollars were still sitting in the vaults of the New Orleans xcritical reviews Mint when it was shut down in 1909. Most of those uncirculated Morgan dollars ended up in storage vaults at the Philadelphia Mint. The US Treasury vaults in Washington also received many thousands of 1885-O Morgans in the bulk shipments of coins from New Orleans.